Palestinian Territory Real GDP Growth
2011 - 2022 | Quarterly | % | CEIC Data
Key information about State of Palestine (West Bank and Gaza) Real GDP Growth
- The Gross Domestic Product (GDP) in State of Palestine (West Bank and Gaza) contracted 3.1 % YoY in Mar 2022, following a growth of 5.4 % in the previous quarter.
- Real GDP Growth YoY data in State of Palestine (West Bank and Gaza) is updated quarterly, available from Jun 2011 to Mar 2022, with an average rate of 0.5 %.
- The data reached an all-time high of 11.9 % in Sep 2020 and a record low of -18.8 % in Jun 2020.
Related information about State of Palestine (West Bank and Gaza) Real GDP Growth
- In the latest reports, Nominal GDP of State of Palestine (West Bank and Gaza) reached 4.9 USD bn in Mar 2022.
- Its GDP deflator (implicit price deflator) increased 9.3 % in Mar 2022.
- GDP Per Capita in State of Palestine (West Bank and Gaza) reached 3,654.6 USD in Dec 2021.
- Its Gross Savings Rate was measured at 16.0 % in Sep 2021.
- For Nominal GDP contributions, Investment accounted for 25.8 % in Mar 2022.
- Public Consumption accounted for 18.7 % in Mar 2022.
- Private Consumption accounted for 98.6 % in Mar 2022.
View Palestinian Territory's Real GDP Growth from Jun 2011 to Mar 2022 in the chart:
What was Palestinian Territory's Real GDP Growth in Mar 2022?
The Gross Domestic Product (GDP) in State of Palestine (West Bank and Gaza) contracted 3.1 % YoY in Mar 2022, following a growth of 5.4 % in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -3.1 Mar 2022 | 5.4 Dec 2021 | -18.8 Jun 2020 | 11.9 Sep 2020 | % | quarterly | Jun 2011 - Mar 2022 |
Real GDP Growth by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 6.0 Mar 2022 | quarterly | Mar 2010 - Mar 2022 |
| Algeria (%) | 3.1 Dec 2021 | quarterly | Mar 2012 - Dec 2021 |
| Argentina (%) | 6.1 Mar 2022 | quarterly | Mar 2005 - Mar 2022 |
| Armenia (%) | 8.6 Mar 2022 | quarterly | Mar 2001 - Mar 2022 |
| Australia (%) | 3.3 Mar 2022 | quarterly | Sep 1960 - Mar 2022 |
| Austria (%) | 8.7 Mar 2022 | quarterly | Mar 1989 - Mar 2022 |
| Azerbaijan (%) | 6.8 Mar 2022 | quarterly | Mar 2001 - Mar 2022 |
| Bahrain (%) | 5.5 Mar 2022 | quarterly | Mar 2009 - Mar 2022 |
| Bangladesh (%) | 7.2 2022 | yearly | 2007 - 2022 |
| Belarus (%) | 1.1 Dec 2021 | quarterly | Mar 2006 - Dec 2021 |
| Belgium (%) | 4.9 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Bolivia (%) | 0.2 Dec 2021 | quarterly | Mar 1991 - Dec 2021 |
| Bosnia and Herzegovina (%) | 7.5 Dec 2021 | quarterly | Mar 2009 - Dec 2021 |
| Botswana (%) | 7.0 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| Brazil (%) | 1.5 Mar 2022 | quarterly | Mar 1997 - Mar 2022 |
| Brunei (%) | -1.4 Dec 2021 | quarterly | Mar 2005 - Dec 2021 |
| Bulgaria (%) | 4.0 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Cambodia (%) | 3.0 2021 | yearly | 1994 - 2021 |
| Canada (%) | 2.9 Mar 2022 | quarterly | Mar 1962 - Mar 2022 |
| Chile (%) | 6.9 Mar 2022 | quarterly | Mar 1987 - Mar 2022 |
| China (%) | 0.4 Jun 2022 | quarterly | Mar 1992 - Jun 2022 |
| Colombia (%) | 8.2 Mar 2022 | quarterly | Mar 2001 - Mar 2022 |
| Croatia (%) | 7.0 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Cyprus (%) | 5.6 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Czech Republic (%) | 4.9 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Denmark (%) | 6.2 Mar 2022 | quarterly | Mar 1992 - Mar 2022 |
| Ecuador (%) | 4.9 Dec 2021 | quarterly | Mar 1994 - Dec 2021 |
| Egypt (%) | 5.4 Mar 2022 | quarterly | Sep 2002 - Mar 2022 |
| Estonia (%) | 4.7 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| European Union (%) | 4.0 Jun 2022 | quarterly | Mar 1996 - Jun 2022 |
| Finland (%) | 3.8 Mar 2022 | quarterly | Mar 1976 - Mar 2022 |
| France (%) | 4.2 Jun 2022 | quarterly | Mar 1950 - Jun 2022 |
| Georgia (%) | 14.9 Mar 2022 | quarterly | Mar 1998 - Mar 2022 |
| Germany (%) | 1.5 Jun 2022 | quarterly | Mar 1992 - Jun 2022 |
| Ghana (%) | 0.9 Mar 2022 | quarterly | Jun 2006 - Mar 2022 |
| Greece (%) | 7.0 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Hong Kong SAR, China (%) | -4.0 Mar 2022 | quarterly | Mar 1991 - Mar 2022 |
| Hungary (%) | 8.0 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Iceland (%) | 7.3 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| India (%) | 4.1 Mar 2022 | quarterly | Jun 2005 - Mar 2022 |
| Indonesia (%) | 5.0 Mar 2022 | quarterly | Mar 1994 - Mar 2022 |
| Iran (%) | 7.2 Dec 2021 | quarterly | Jun 1989 - Dec 2021 |
| Ireland (%) | 10.0 Dec 2021 | quarterly | Mar 1996 - Dec 2021 |
| Israel (%) | 9.0 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Italy (%) | 6.2 Mar 2022 | quarterly | Mar 1982 - Mar 2022 |
| Ivory Coast (%) | 6.5 2021 | yearly | 1966 - 2021 |
| Japan (%) | 0.7 Mar 2022 | quarterly | Mar 1956 - Mar 2022 |
| Jordan (%) | 2.5 Mar 2022 | quarterly | Mar 1993 - Mar 2022 |
| Kazakhstan (%) | 3.9 Mar 2022 | quarterly | Mar 2006 - Mar 2022 |
| Kenya (%) | 7.2 Mar 2022 | quarterly | Mar 2010 - Mar 2022 |
| South Korea (%) | 2.9 Jun 2022 | quarterly | Mar 1961 - Jun 2022 |
| Kosovo (%) | 4.9 Mar 2022 | quarterly | Mar 2011 - Mar 2022 |
| Kuwait (%) | 4.7 Dec 2020 | quarterly | Jun 2010 - Dec 2020 |
| Kyrgyzstan (%) | 4.5 Mar 2022 | quarterly | Mar 2007 - Mar 2022 |
| Laos (%) | 3.5 2021 | yearly | 2003 - 2021 |
| Latvia (%) | 2.5 Jun 2022 | quarterly | Mar 1996 - Jun 2022 |
| Lebanon (%) | -25.9 2020 | yearly | 2005 - 2020 |
| Lithuania (%) | 4.8 Dec 2021 | quarterly | Jun 1995 - Dec 2021 |
| Luxembourg (%) | 4.0 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Macau SAR, China (%) | -8.9 Mar 2022 | quarterly | Mar 2002 - Mar 2022 |
| North Macedonia (%) | 2.4 Mar 2022 | quarterly | Mar 2001 - Mar 2022 |
| Malawi (%) | 4.0 2018 | yearly | 2003 - 2018 |
| Malaysia (%) | 5.0 Mar 2022 | quarterly | Mar 2001 - Mar 2022 |
| Malta (%) | 7.6 Mar 2022 | quarterly | Mar 2001 - Mar 2022 |
| Mauritius (%) | 6.2 Dec 2021 | quarterly | Mar 2001 - Dec 2021 |
| Mexico (%) | 1.8 Mar 2022 | quarterly | Mar 1981 - Mar 2022 |
| Moldova (%) | 1.1 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Mongolia (%) | -3.8 Mar 2022 | quarterly | Mar 2011 - Mar 2022 |
| Montenegro (%) | 7.2 Mar 2022 | quarterly | Mar 2011 - Mar 2022 |
| Morocco (%) | 0.3 Mar 2022 | quarterly | Mar 2008 - Mar 2022 |
| Mozambique (%) | 2.0 Dec 2018 | quarterly | Jun 2007 - Dec 2018 |
| Myanmar (%) | -5.9 2021 | yearly | 2011 - 2021 |
| Nepal (%) | -6.5 Jun 2021 | quarterly | Dec 2004 - Jun 2021 |
| Netherlands (%) | 6.6 Mar 2022 | quarterly | Mar 1997 - Mar 2022 |
| New Zealand (%) | 0.4 Mar 2022 | quarterly | Jun 1983 - Mar 2022 |
| Nigeria (%) | 3.1 Mar 2022 | quarterly | Mar 2011 - Mar 2022 |
| Norway (%) | 3.7 Mar 2022 | quarterly | Mar 1979 - Mar 2022 |
| Oman (%) | -3.2 2020 | yearly | 1999 - 2020 |
| Pakistan (%) | 6.2 2022 | yearly | 2001 - 2022 |
| Palestinian Territory (%) | -3.1 Mar 2022 | quarterly | Jun 2011 - Mar 2022 |
| Panama (%) | 13.6 Mar 2022 | quarterly | Mar 2008 - Mar 2022 |
| Paraguay (%) | -2.0 Mar 2022 | quarterly | Mar 1995 - Mar 2022 |
| Peru (%) | 3.8 Mar 2022 | quarterly | Mar 1981 - Mar 2022 |
| Philippines (%) | 8.2 Mar 2022 | quarterly | Mar 1999 - Mar 2022 |
| Poland (%) | 9.2 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Portugal (%) | 1.8 Jun 2019 | quarterly | Mar 1996 - Jun 2019 |
| Qatar (%) | 2.5 Mar 2022 | quarterly | Mar 2012 - Mar 2022 |
| Romania (%) | 6.4 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Russia (%) | 3.3 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| Saudi Arabia (%) | 11.8 Jun 2022 | quarterly | Mar 2011 - Jun 2022 |
| Serbia (%) | 4.5 Sep 2019 | quarterly | Mar 1997 - Sep 2019 |
| Singapore (%) | 4.8 Jun 2022 | quarterly | Mar 1976 - Jun 2022 |
| Slovakia (%) | 3.0 Mar 2022 | quarterly | Mar 1994 - Mar 2022 |
| Slovenia (%) | 9.6 Mar 2022 | quarterly | Mar 1996 - Mar 2022 |
| South Africa (%) | 2.9 Mar 2022 | quarterly | Mar 1961 - Mar 2022 |
| Spain (%) | 6.3 Jun 2022 | quarterly | Mar 1996 - Jun 2022 |
| Sri Lanka (%) | -1.6 Mar 2022 | quarterly | Mar 2011 - Mar 2022 |
| Sudan (%) | -1.6 2020 | yearly | 1983 - 2020 |
| Sweden (%) | 4.2 Jun 2022 | quarterly | Mar 1982 - Jun 2022 |
| Switzerland (%) | 4.5 Mar 2022 | quarterly | Mar 1966 - Mar 2022 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -4.0 2020 | yearly | 2010 - 2020 |
| Consolidated Fiscal Balance (USD mn) | -619.600 2020 | yearly | 2010 - 2020 |
| Tax Revenue (USD mn) | 3,316.200 2020 | yearly | 2010 - 2020 |
| Tax Revenue: % of GDP (%) | 21.4 2020 | yearly | 2005 - 2020 |
| Government Debt: % of GDP (%) | 74.9 Mar 2022 | quarterly | Dec 2010 - Mar 2022 |
| Forecast: Government Expenditure (%) | 30.400 2027 | yearly | 2009 - 2027 |
| Forecast: Government Revenue (ILS bn) | 19.167 2027 | yearly | 2009 - 2027 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.493 2026 | yearly | 1995 - 2026 |
| Trade Balance (USD mn) | -556.4 May 2022 | monthly | Jan 2011 - May 2022 |
| Total Exports (USD mn) | 118.0 May 2022 | monthly | Jan 2011 - May 2022 |
| Total Exports Growth (%) | 14.2 May 2022 | monthly | Jan 2012 - May 2022 |
| Aluminum: Exports (USD th) | 37,118.184 2021 | yearly | 2000 - 2021 |
| Exports: Medicament (USD th) | 10,878.190 2021 | yearly | 2000 - 2021 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 6,495.303 2021 | yearly | 2000 - 2021 |
| Total Imports (USD mn) | 674.4 May 2022 | monthly | Jan 2011 - May 2022 |
| Total Imports Growth (%) | 46.1 May 2022 | monthly | Jan 2012 - May 2022 |
| Imports: Medicament (USD th) | 157,397.241 2021 | yearly | 2000 - 2021 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 61,375.854 2021 | yearly | 2000 - 2021 |
| Total Exports to USA (USD mn) | 0.938 Apr 2022 | monthly | Jan 2000 - Apr 2022 |
| Total Imports from USA (USD mn) | 11.359 Apr 2022 | monthly | Jan 2000 - Apr 2022 |
| Total Exports to China (USD mn) | 0.009 May 2020 | monthly | Mar 2007 - May 2020 |
| Total Imports from China (USD mn) | 46.131 Dec 2020 | monthly | Jan 2000 - Dec 2020 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | -5.0 Mar 2022 | quarterly | Mar 2011 - Mar 2022 |
| Current Account Balance (USD mn) | -623.0 Mar 2022 | quarterly | Mar 2011 - Mar 2022 |
| Current Account Balance: % of GDP (%) | -12.7 Mar 2022 | quarterly | Mar 2011 - Mar 2022 |
| Foreign Direct Investment (USD mn) | 101.0 Mar 2022 | quarterly | Mar 2011 - Mar 2022 |
| Foreign Direct Investment: % of GDP (%) | 2.1 Mar 2022 | quarterly | Mar 2011 - Mar 2022 |
| Foreign Portfolio Investment (USD mn) | 18.000 Mar 2022 | quarterly | Mar 2011 - Mar 2022 |
| Foreign Portfolio Investment: % of GDP (%) | 0.4 Mar 2022 | quarterly | Mar 2011 - Mar 2022 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 85.1 Sep 2021 | quarterly | Mar 2012 - Sep 2021 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 0.000 Sep 2021 | quarterly | Mar 2013 - Sep 2021 |
| External Debt (USD mn) | 2,147.0 Mar 2022 | monthly | Dec 2012 - Mar 2022 |
| External Debt: % of GDP (%) | 12.0 2021 | yearly | 2012 - 2021 |
| External Debt: Short Term (USD mn) | 388.5 Dec 2018 | monthly | Dec 2013 - Dec 2018 |
| External Debt: Short Term: % of GDP (%) | 2.4 2018 | yearly | 2013 - 2018 |
| Forecast: Current Account Balance (USD bn) | -2.360 2027 | yearly | 1994 - 2027 |
| Net International Investment Position (USD mn) | 3,750.000 Mar 2022 | quarterly | Dec 2013 - Mar 2022 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 4.2 Dec 2021 | quarterly | Dec 2008 - Dec 2021 |
| Non-Performing Loans (USD mn) | 438.747 Jun 2021 | quarterly | Dec 2008 - Jun 2021 |
| Money Supply M1 (USD mn) | 12,149.200 Dec 2021 | quarterly | Mar 2013 - Dec 2021 |
| Money Supply M2 (USD mn) | 11,422.137 Jan 2019 | monthly | Jul 2002 - Jan 2019 |
| M2 Growth (%) | 3.2 Jan 2019 | monthly | Jul 2003 - Jan 2019 |
| Foreign Exchange Reserves (USD mn) | 550.8 Jun 2022 | monthly | Jan 2006 - Jun 2022 |
| Foreign Exchange Reserves: % of GDP (%) | 14.621 Mar 2022 | quarterly | Mar 2006 - Mar 2022 |
| Foreign Exchange Reserves: Months of Import (NA) | 0.9 May 2022 | monthly | Jan 2011 - May 2022 |
| Total Deposits (USD mn) | 16,345.395 May 2022 | monthly | Jan 2000 - May 2022 |
| Total Deposits Growth (%) | 5.3 May 2022 | monthly | Jan 2001 - May 2022 |
| Domestic Credit (USD mn) | 10,677.5 Jun 2022 | monthly | Dec 1998 - Jun 2022 |
| Domestic Credit Growth (%) | 4.0 May 2022 | monthly | Dec 1999 - May 2022 |
| Total Loans (USD mn) | 9,071.286 Jun 2022 | monthly | Jan 2007 - Jun 2022 |
| Total Loans Growth (%) | 3.48 Jun 2022 | monthly | Jan 2008 - Jun 2022 |
| Private Debt: % of Nominal GDP (%) | 45.06 Mar 2022 | quarterly | Dec 2013 - Mar 2022 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 10.8 Jul 2022 | monthly | Apr 2014 - Jul 2022 |
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